CoinW Bull Market First Strike, Spring Trading Competition Welcomes 200,000 New Users
As the 2024 European Championship approaches, CoinW is once again investing a million dollars to support this grand event, aiming to expand the boundaries of the cryptocurrency field.Using huge bonuses to welcome a bull market is one of the common practices for many cryptocurrency exchanges and investors. The Spring Trading Competition launched by CoinW on April 17 further proves this point. During the month-long event, CoinW achieved a total trading volume of $20 billion, with over 180,000 participants and more than 200,000 new users, solidifying its self-positioning as a long-established exchange in the industry—providing liquidity to the secondary market and contributing to the mainstreaming process of the entire market.
The trading competition has become one of CoinW's annual celebration activities. Every year, there is a million-dollar prize pool for the trading competition, which empowers the assets of experienced traders on one hand, and helps novice users embark on their crypto trading journey through simple tasks on the other. This year's $1 million prize pool allocates $600,000 for contract trading and $200,000 for spot trading.
To attract more new users during the bull market, CoinW also set up a card collection segment with a $200,000 prize pool. Users can easily obtain different levels of star cards by completing tasks such as registration and deposits, and then exchange the cards for prizes. Final statistics show that this new gameplay ended with a high participation rate of 80,000 exchanges.
CoinW President Sonia Shaw stated, "The bull market is undoubtedly an ideal time to attract new cryptocurrency enthusiasts. The market has already experienced several waves this year. Meme coins have brought exceptional profits to holders, while Runes have also emerged strongly in the Bitcoin Layer 2 spot market. We believe that many innovations and investment opportunities are brewing and will soon appear in this bull market. As a leading centralized exchange in the industry, we firmly believe in our role in promoting market liquidity."
The Spring Trading Competition is not the end of CoinW's trading feast this year. With the 2024 UEFA European Championship approaching, CoinW is once again putting forward a million dollars to support this feast, aiming to expand the boundaries of the crypto field.
About CoinW
CoinW is a globally leading cryptocurrency trading platform that emphasizes security, transparency, and user-centric principles. With advanced technology, deep liquidity, and a wide variety of cryptocurrencies and trading pairs, it has accumulated a broad user base, becoming one of the safest cryptocurrency exchanges in the world. CoinW is committed to security, transparency, and compliance, adhering to the highest regulatory standards and actively promoting the development of the cryptocurrency industry.
